APN RES INVESTMENT TEAM

 Pete Morrissey

Pete Morrissey

Head of Real Estate Securities

About Pete

Pete joined the APN Real Estate Securities team in 2006 and is responsible for management of APN’s suite of real estate securities funds. Pete is also the dedicated Fund Manager of the APN AREIT Fund.

With more than 18 years financial markets experience, Pete brings a unique knowledge set having completed Masters level academic research papers on both commercial real estate cycles and global property securities.

Prior to joining APN, he was a senior analyst at Australian research house Lonsec, managed an internationally focused private investment fund and worked in the UK for Nomura, ING Barings and Lloyds Bank.

Pete holds both a Master of Commerce and Master of Finance and is a Fellow of the Financial Services Institute of Australasia.

Mark Mazzarella,CFA

Mark Mazzarella,CFA

Portfolio Manager - Real Estate Securities

About Mark

Mark joined the APN Real Estate Securities team in June 2014 and is responsible for Australian and Global REIT analysis and funds management.

Prior to joining APN, Mark worked for Ernst & Young for four and a half years. As a Senior Consultant, Mark’s responsibilities included real estate market research, property valuation, project feasibility studies, options/scenario analysis, financial modelling for real estate investments, transaction due diligence and bespoke advisory engagements. Mark worked across all major real estate sectors including residential, commercial, retail, industrial and social. Mark was accepted into the New Horizons Program which resulted in a six-month secondment to the Ernst & Young corporate finance team in Singapore.

Mark holds a Bachelor of Commerce (Finance) and a Bachelor of Property and Construction (Property) at the University of Melbourne. Mark is also an Associate of the Australian Property Institute (AAPI), a Certified Practicing Valuer (CPV) and a CFA.

Corrine Ng

Corrine Ng

Portfolio Manager - Real Estate Securities

About Corrine

Corrine joined the APN Real Estate Securities team as Portfolio Manager for the Asian REIT Fund in February 2015. Corrine has over 15 years of experience in property and REIT investment in Australia, Asia and the North American markets.

Prior to joining APN Corrine worked for Goldman Sachs Asset Management and Aviva Investors in New York as a key member of the respective Global Real Estate Securities teams.

In the earlier part of her career in Australia, Corrine worked at Challenger Group and HSBC Asset Management as an Investment Analyst. She was also a part of Urbis’s Property Economics Division where she advised on retail real estate projects throughout Asia.

David Kruth

David Kruth

Portfolio Manager - Real Estate Securities

About David

David joined APN in 2019 as Regional Adviser and has more than 30 years experience across North American and global real estate markets.

He worked for 15 years as a CIO, Portfolio Manager and Securities Analyst in global real estate securities with both AllianceBernstein (AB), and Goldman Sachs Asset Management. David also worked for 13 years in global private equity real estate with Schroder Real Estate Associates, and the Yarmouth Group (a/k/a Lend Lease Real Estate Investments). David served as a member of the Board of Directors at Rouse Properties (NYSE:RSE) for five years (2011-2016) and Chaired the Special Committee tasked with the sale of Rouse to Brookfield Asset Management which closed in July, 2016.

He is Adjunct Assistant Professor at the Columbia University Masters Program in Real Estate Development & Investment and a member of the Investment Advisory Counsel at the Ithaca College School of Business.

 Steven Tjia

Steven Tjia

Real Estate Securities Analyst

About Steven

Steven joined the APN Real Estate Securities team in August 2019 and is tasked with analysing the Australian REITs sector.

Before joining APN, Steven worked as an investment analyst for Duxton Capital, analysing potential investments, financial modelling and management of listed and unlisted assets.

Steven holds a Bachelor of Commerce and a Bachelor of Laws at the University of Adelaide. Steven is also completing the CFA programme.

Richard Stone

Richard Stone

Real Estate Securities Analyst

About Richard

Richard joined the APN Real Estate Securities team in 2021 and is tasked with securities analysis across Global REITs currently focusing on the North American markets.

Prior to joining APN, Richard worked at the Future Fund where he conducted investment performance analysis on a range of asset classes including Global Property and Infrastructure.

Earlier Richard worked for Evans and Partners as an associate investment advisor where he helped a range of institutional and private clients manage the investments within their portfolios.

Richard holds a Bachelor of Science from the University of Melbourne and has also earned his CFA Charter.

Eugene Lau

Eugene Lau

Real Estate Securities Analyst

About Eugene

Eugene joined the Dexus Real Estate Securities Team in January 2022 and is tasked with analyzing the Asian REITs sector.

Before joining Dexus, Eugene completed the Student Program Internship in Real Estate Advisory and Valuation with Urbis. Prior to working in Australia, Eugene had worked previously in the Investment and Asset Management Team with Mapletree Commercial Trust, managing core assets and analyzing potential investments to drive optimal returns for unitholders.

Eugene holds a Bachelor of Business Administration (Hons) at the National University of Singapore and a Master of Property at the University of Melbourne.